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Jan 30
Toro Q1 2026 Earnings Report
Toro Q1 2026 Earnings Report
Key Takeaways
The Toro Company delivered a strong first quarter, exceeding expectations with a 4% increase in net sales to $1.04 billion and a 14% rise in adjusted EPS. Growth was primarily driven by the Professional segment and the acquisition of Tornado Infrastructure Equipment, leading the company to raise its full-year fiscal 2026 guidance.
Net sales increased 4% year-over-year to $1.04 billion, driven by strong execution in both Professional and Residential segments.
Adjusted diluted EPS rose 14% to $0.74, benefiting from net price realization and productivity improvements.
The Professional segment saw a 7.2% revenue increase, while the Residential segment declined 6.8% due to lower lawn care shipments.
The company raised its full-year net sales growth guidance to 3%-6.5% and adjusted EPS guidance to $4.40-$4.60.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The company raised its full-year fiscal 2026 outlook based on strong Q1 performance and the Tornado acquisition.
Positive Outlook
- Full-year net sales growth raised to 3% to 6.5%.
- Adjusted EPS guidance raised to $4.40 to $4.60.
- Continued strong demand in underground construction, golf, and grounds.
- Tornado acquisition expected to add 2% to total net sales.
- Anticipated benefits from the AMP productivity program and cost savings.
Challenges Ahead
- Homeowner markets reflect current consumer sentiment and macro uncertainty.
- Geopolitical environment and known tariff dynamics remain a factor.
- Higher material and manufacturing costs impacting margins.
- Less favorable geographic mix of earnings affecting tax rates.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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